Police said preliminary enquiry suggests that Premnarayan Gupta allegedly committed suicide by jumping from his third floor apartment in Collectorganj area.
He was rushed to a hospital where he was declared brought dead, they added.
However, his family claimed that some robbers had barged into the house and threw Gupta out of the balcony when he tried to stop them from looting the house.
According to the police, Gupta and his wife used to regularly fight which might have been a reason for Gupta to take the extreme step.
Further investigation is on in the case and police is questioning the family members, a police official said, adding Gupta's body had been sent for post-mortem.
